Homula Realty Brokerage
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3530 Derry Road E 201, Mississauga, ON L4T 4E3

Office
$459,900

**ATTENTION INVESTORS/BUYERS/MEDICAL PROFESSIONALS** PRIME LOCATION. OFFICE FOR SALE! LOCATED STREET FRONT ON THE MAIN LEVEL OF THE MALTON MEDICAL ARTS BUILDING. A WELL ESTABLISHED AND VERY BUSY AREA. SURROUNDED BY DENSE RESIDENTIAL COMMUNITIES. CLOSE TO HOSPITALS. MIN TO 427. LAB, X-RAY, PHYSIOTHERAPY SERVICES ON PREMISES. SHOPPERS DRUG MART CONVENIENTLY LOCATED ON THE MAIN FLOOR CLOSE TO THE OFFICE. PLENTY OF FREE PARKING.

MLS number
W12771036
Type
Office
Status
Active
Bedrooms
—
Bathrooms
—
Postal code
L4T 4E3
Photos
5
Property tax
$2,726 / year
216days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

No previous listings found for this address.

Where this property is

Where this address sits, matched against open government data.

Matched to this street. The listing did not say which direction, and every candidate was in the same place.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
Newton's Grove SchoolElementary and secondary437 mNot reported
Dunrankin Drive Public School
Peel DSB
Elementary975 m4.6 / 10
46% met the standard · 3 of 6 measures
Madaniyya AcademyElementary780 mNot reported
Ridgewood Public School
Peel DSB
Elementary850 m6.4 / 10
64% met the standard · 3 of 6 measures
Holy Cross School
Dufferin-Peel CDSB
Elementary1.3 km5.9 / 10
59% met the standard
Lincoln M. Alexander Secondary School
Peel DSB
Secondary1.4 km5.9 / 10
59% met the standard · 2 of 6 measures
How the rating is calculated

EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.

Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.

What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.

Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

What an H-Value is and how it is calculated — the method and our measured error, no account needed.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 1,332 people.

$94,000Median household income
62%Own their home
0%Detached houses
40.4Median age
53%Born outside Canada
21.4%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35211697 — the few blocks around this address, home to 1,332 people. It describes the area, not this property.

1,332Population
41.9Average age
3.1Household size
$103,600Average household income
$94,000Median household income
62%Own their home
38%Rent
48%Condominiums
53%Born outside Canada
21%University degree
$690,000Average home value
15%Low income
60%Not in the labour force
34%Never married
$10,000 to $14,9992%
$15,000 to $19,9991%
$20,000 to $24,9993%
$25,000 to $29,9992%
$30,000 to $34,9994%
$35,000 to $39,9991%
$40,000 to $44,9992%
$45,000 to $49,9992%
$50,000 to $59,9994%
$60,000 to $69,9995%
$70,000 to $79,9994%
$80,000 to $89,9995%
$90,000 to $99,9992%
$100,000 and over32%
$100,000 to $124,9999%
$125,000 to $149,9998%
$150,000 to $199,99911%
$200,000 and over5%

Percentages are of the 570 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$91,980 · minimum here is $22,995
$2,036.34per month
Borrowed before insurance$367,920
Total borrowed$367,920
Interest over 25 years at 4.5%$242,981

If you rented it out

-$2,263.50per month out of pocket
Rent$0.00
Everything it costs to hold$2,263.50
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by ROYAL LEPAGE CITIZEN REALTY. Listing data provided by the Toronto Regional Real Estate Board.